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    5844-5848 Montrose Avenue

    Chicago, IL 60634
    • $499,900
    • STATUS: Active
    • ON SITE: 121 days
    • MLS #: 10627479
    UPDATED: 35 min ago
    $499,900
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,375
      SQFT
    • $53
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Single story with high ceilings, roughly 9,375 SF retail building on 75 x 125 lot in great Portage Park/Jefferson Park Chicago location! * High visibility location along Montrose with estimated 22K+ Vehicles per Day and dense residential neighborhood population. * Property is located in a mixed commercial & residential city settings ZONED B3-1 * Originally 3 separate store fronts (currently still 3 separate Parcels), the spaces were combined to create one continuous space used as a very successful Ace Hardware for 40+ years * The Owners have consolidated their operation out west and no longer require this excellent space * The business consisted of retail hardware sales and leasing of power equipment * There are two over-sized commercial garage doors and loading docks off alley * Store and office space offers generous ceiling heights, and partial basement for additional storage * Additional support areas includes a small management office, 2 bathrooms and a staff lounge * Possible uses for this space include retail, service retail, warehouse, storage, automotive/mechanics shop and potential to easily de-convert into office spaces and/or other commercial uses * Building offers excellent visibility along prime Montrose Ave (East-West) * Very close to I-90/94, Metra and CTA Blue Line * Subject property is also offered for lease * Call today!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-06-05T19:51:41.877 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.lewkepartners.com/homes/102908994

    5844-5848 Montrose Avenue Chicago, IL 60634

    • Price: $499,900
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 10627479
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    9,375
    SQFT
    $53
    $/SQFT
    Neighborhood:
    Chi - Portage Park
    County:
    Cook
    Area:
    Chi - Portage Park
    Property Description
    Single story with high ceilings, roughly 9,375 SF retail building on 75 x 125 lot in great Portage Park/Jefferson Park Chicago location! * High visibility location along Montrose with estimated 22K+ Vehicles per Day and dense residential neighborhood population. * Property is located in a mixed commercial & residential city settings ZONED B3-1 * Originally 3 separate store fronts (currently still 3 separate Parcels), the spaces were combined to create one continuous space used as a very successful Ace Hardware for 40+ years * The Owners have consolidated their operation out west and no longer require this excellent space * The business consisted of retail hardware sales and leasing of power equipment * There are two over-sized commercial garage doors and loading docks off alley * Store and office space offers generous ceiling heights, and partial basement for additional storage * Additional support areas includes a small management office, 2 bathrooms and a staff lounge * Possible uses for this space include retail, service retail, warehouse, storage, automotive/mechanics shop and potential to easily de-convert into office spaces and/or other commercial uses * Building offers excellent visibility along prime Montrose Ave (East-West) * Very close to I-90/94, Metra and CTA Blue Line * Subject property is also offered for lease * Call today!
    Exterior Features

    Approx Land Sq Footage 9000 Construction Brick Frontage Access City Street Location Mixed Use AreaPublic Transport Avail Lot Dimensions 75X125 Lot Sq Ft 9375 Number Of Parking Spaces 15

    Interior Features

    Air Conditioning Central Individual Indoor Parking 13-18 Spaces Number Of Stories 1 Outdoor Parking None On Site

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 0 Ann Rnt Expense Source Actual Annual Rent For Real Estate 0 Business Age 11+ Years Business Name Russo Industrial Supply Business Type Retail/Misc. Corporate Limits Chicago Cost Of Goods Expense Source Actual Cost Of Goods Sold 0 Cost Of Goods Year 2019 Current Use Commercial Electrical Service 201-600 Amps Gross Payroll 0 Gross Payroll Expense Source Actual Gross Payroll Year 2019 Gross Profit 0 Gross Profit Expense Source Actual Gross Profit Year 2019 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2019 Gross Sales Annual 0 Heat Ventilation Central Heat/Indiv ControlsForced AirGas Inventory 0 Inventory Expense Source Actual Inventory Year 2019 Known Encumbrances None Known Lease Type Gross Net Operating Income Year 2019 Net Profit 0 Net Profit Source Actual Possession Closing Potential Use CommercialOffice And ResearchRetailZoning Change RequiredOther Property Offered For Sale Only Real Estate Included YN Yes Rental Price 4 Sale Terms Owner May Help/Assist Tax Year 2018 Taxes 39161 Tenant Pays Other Total Op Exp Year 2019 Total Op Expense Source Actual Total Operating Expenses 0 Type Of Lease Gross Lease Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater To Site Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Rci Preferred Realty.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-06-05T19:51:41.877 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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